State

Montana firm eyes $22 million Maine expansion for high-tech timber

The nation’s first manufacturer of cross-laminated timber plans to set up shop in Maine, with a goal of creating 100 jobs at a $22 million mill, officials said Friday.

SmartLam, LLC of Montana still seeks a mill site, but has committed to building a factory in Maine within 18 months. Founded in 2012, the company produces more than 1 million board feet of the engineered wood product per month and employs 40 people in Montana’s Flathead Valley, SmartLam President Casey Malmquist said.

SmartLam is the second maker of cross-laminated timber, a composite wood strong enough to replace steel and concrete in some types of high-rise buildings, to announce Maine expansion plans this week.

LignaTerra Global LLC of Charlotte, North Carolina announced plans at Husson University on Tuesday to build a $30 million, 300,000-square-foot factory to produce CLT in Millinocket. The company hopes to break ground in July and start production in 12 months with more than 100 workers.

The Fiddlehead Focus / St. John Valley Times is pleased to feature content from our sister company, Bangor Daily News. To read the rest of “Montana firm eyes $22 million Maine expansion for high-tech timber,” an article by contributing Bangor Daily News staff writer Nick Sambides Jr., please follow this link to the BDN online.

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